Foreign Trade August Good Harvest, Import And Export, And Now Double Growth.

In August, China's import and export growth increased again after 2 months, and exports were increased for 6 months.

Growth figures are the best monthly gains for foreign trade this year.

In August, there was a phenomenon of replenishment in the import data, while the replenishment behavior was another confirmation of the short-term economic improvement. However, there is a persistent doubt in the future.

The import and export data released by the General Administration of Customs on 8 may show that in the first 8 months of this year, the total value of China's imports and exports was 15 trillion and 370 billion yuan, a decrease of 1.8%.

In August, the total value of China's imports and exports was 2 trillion and 200 billion yuan, an increase of 7.9% over the same period last year.

Among them, exports grew by 5.9% and imports increased by 10.8%.

At the same time, the trend of good momentum is expected to continue.

In August, China's foreign trade export index was 34.7, up 0.9 from the previous month, indicating that export pressure is expected to ease in the four quarter.

In August, China's export manager index, the new export orders index and the confidence index of managers rose.

"The four leading indicators of foreign trade have picked up in varying degrees, and the cost index is decreasing. It should be noted that there has been a marked drop in foreign trade, but it is hard to say that the upward trend has taken shape."

Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, told reporters.

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It seems that the August foreign trade data achieved better than expected rebound and mainly benefited from the new round of depreciation of low base and RMB in July and August.

Although there has been no fundamental change in the fundamentals of the current round of foreign trade decline, the international market has already been somewhat warmer since the export data of South Korea and Taiwan in August reversed the downward trend and rare growth.

In terms of imports, imports grew by 10.8% year-on-year in August, which not only reversed the previous decline pattern (the import data in July was -5.7%), but also exceeded 0.7% of market expectations.

Zhao Qingming, chief macro researcher at CICC Research Institute, said that in August, it was calculated in US dollars.

For the first time in the past two years, the year-on-year positive growth has been restored for the first time, which is related to the rise in commodity prices and the short-term impulse to buy.

"Overall, the downward pressure on China's foreign trade has been alleviated.

Imports and exports from 1 to August showed a trend of continuous improvement, especially in August.

Xing Houyuan, deputy director of the Chinese Ministry of Commerce outsourcing research center, said in an interview with the media.

In analyzing the reasons for the expected growth of imports in August, Xing Houyuan believes that this reflects the continuous improvement of China's macroeconomic situation and the opening up to the outside world, encouraging the driving force of innovation and development, enhancing the confidence of entrepreneurs, and increasing domestic demand.

Among them, in May this year, the State Council issued the "promotion".

Some of the views on stability and stability are being implemented step by step, and the positive effects are gradually emerging.

In addition, the sustained efforts in trade facilitation and the pilot area of FTA have also played a positive role.

Not long ago, China's free trade pilot area has increased to 11.

Next, if we want to promote the trend reversal of foreign trade, we need more help and more work.

Bai Ming believes that for example, we should continue to play the strategy of the free trade area, make good use of the upgraded version of China ASEAN Free Trade Area and the China, South Korea and China Australia Free Trade Area, further sign the new free trade area, further play the function of the domestic free trade pilot area, and implement the "one belt and one way" initiative, especially to further implement the "one belt and one road" project construction, and promote the new wave of high-speed rail nuclear power going out, etc., which should become the starting point for the next step.